Can I retire at age 30 with 1,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$149,468$148,137$146,838$145,570$144,332$142,058
2 years$73,994$72,616$71,280$69,986$68,729$66,444
3 years$48,839$47,455$46,123$44,840$43,605$41,380
4 years$36,265$34,885$33,566$32,305$31,099$28,951
5 years$28,722$27,350$26,048$24,813$23,641$21,576
6 years$23,695$22,333$21,051$19,843$18,706$16,727
7 years$20,105$18,756$17,494$16,314$15,213$13,321
8 years$17,414$16,077$14,836$13,686$12,621$10,814
9 years$15,323$13,998$12,778$11,657$10,629$8,907
10 years$13,650$12,338$11,140$10,049$9,056$7,418
11 years$12,283$10,984$9,808$8,745$7,789$6,233
12 years$11,144$9,859$8,704$7,671$6,749$5,274
13 years$10,182$8,909$7,777$6,772$5,886$4,488
14 years$9,357$8,098$6,987$6,012$5,159$3,837
15 years$8,643$7,398$6,309$5,361$4,543$3,293
16 years$8,019$6,788$5,720$4,800$4,015$2,836
17 years$7,469$6,251$5,205$4,313$3,560$2,449
18 years$6,980$5,776$4,751$3,887$3,165$2,120
19 years$6,544$5,353$4,349$3,512$2,821$1,839
20 years$6,152$4,975$3,992$3,181$2,520$1,598
21 years$5,797$4,634$3,672$2,887$2,255$1,390
22 years$5,475$4,325$3,384$2,625$2,021$1,211
23 years$5,182$4,045$3,124$2,391$1,815$1,056
24 years$4,913$3,790$2,890$2,180$1,631$922
25 years$4,666$3,557$2,676$1,991$1,468$806
26 years$4,439$3,343$2,482$1,821$1,322$705
27 years$4,229$3,146$2,305$1,666$1,192$617
28 years$4,034$2,965$2,143$1,527$1,075$540
29 years$3,853$2,797$1,994$1,400$971$473
30 years$3,684$2,641$1,857$1,285$877$414
31 years$3,527$2,497$1,732$1,180$793$363
32 years$3,380$2,363$1,616$1,085$718$318
33 years$3,241$2,237$1,508$997$649$279
34 years$3,112$2,121$1,409$918$588$245
35 years$2,990$2,011$1,318$845$533$215
36 years$2,875$1,909$1,233$778$483$189
37 years$2,766$1,813$1,154$717$437$165
38 years$2,664$1,723$1,080$661$396$145
39 years$2,567$1,639$1,012$609$360$128
40 years$2,475$1,559$949$562$326$112
41 years$2,387$1,484$890$518$296$98
42 years$2,304$1,413$835$478$268$86
43 years$2,226$1,347$783$442$244$76
44 years$2,151$1,284$735$408$221$67
45 years$2,079$1,224$690$377$201$59
46 years$2,011$1,168$648$348$182$51
47 years$1,946$1,114$609$321$166$45
48 years$1,884$1,064$572$297$150$40
49 years$1,824$1,016$538$274$137$35
50 years$1,767$970$506$254$124$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,810,000, adding $5,259 every year, while hoping to spend $44,050 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 71/6/23 Blend
29$1,810,000$1,810,000$1,810,000$1,810,000
30$2,000,045$1,904,115$1,876,060$2,130,218
31$2,157,180$1,950,547$1,892,039$2,264,229
32$2,328,868$1,997,779$1,907,077$2,405,230
33$2,516,544$2,045,802$1,921,096$2,558,553
34$2,721,792$2,094,607$1,934,014$2,725,417
35$2,946,356$2,144,184$1,945,744$2,907,163
36$3,192,154$2,194,518$1,956,196$3,105,272
37$3,461,299$2,245,595$1,965,273$3,321,372
38$3,756,118$2,297,396$1,972,877$3,557,260
39$4,079,175$2,349,901$1,978,901$3,814,915
40$4,433,291$2,403,087$1,983,235$4,096,518
41$4,821,576$2,456,927$1,985,762$4,404,471
42$5,247,452$2,511,392$1,986,361$4,741,423
43$5,714,691$2,566,449$1,984,903$5,110,291
44$6,227,447$2,622,062$1,981,254$5,514,292
45$6,790,294$2,678,191$1,975,274$5,956,970
46$7,408,272$2,734,791$1,966,814$6,442,229
47$8,086,934$2,791,813$1,955,719$6,974,374
48$8,832,393$2,849,204$1,941,829$7,558,148
49$9,651,389$2,906,907$1,924,971$8,198,779
50$10,551,341$2,964,856$1,904,969$8,902,027
51$11,540,428$3,022,984$1,881,635$9,674,241
52$12,627,656$3,081,214$1,854,774$10,522,418
53$13,822,950$3,139,467$1,824,182$11,454,270
54$15,137,242$3,197,652$1,789,644$12,478,294
55$16,582,580$3,255,676$1,750,936$13,603,856
56$18,172,234$3,313,435$1,707,823$14,841,279
57$19,920,827$3,370,819$1,660,060$16,201,937
58$21,844,470$3,427,708$1,607,391$17,698,370
59$23,960,914$3,483,973$1,549,546$19,344,392
60$26,289,717$3,539,477$1,486,246$21,155,233
61$28,852,428$3,594,072$1,417,195$23,147,674
62$31,672,793$3,647,599$1,342,088$25,340,210
63$34,776,973$3,699,886$1,260,604$27,753,225
64$38,193,797$3,750,753$1,172,407$30,409,184
65$41,955,029$3,800,004$1,077,146$33,332,844
66$46,095,668$3,847,431$974,457$36,551,490
67$50,654,281$3,892,810$863,956$40,095,193
68$55,673,363$3,935,903$745,244$43,997,092
69$61,199,741$3,976,457$617,905$48,293,710
70$67,285,011$4,014,200$481,501$53,025,297
71$73,986,031$4,048,845$335,580$58,236,214
72$81,365,449$4,080,082$179,665$63,975,348
73$89,492,304$4,107,584$13,262$70,296,574
74$98,442,665$4,131,002$0$77,259,271
75$108,300,362$4,149,966$0$84,969,198
76$119,157,764$4,164,080$0$93,464,242
77$131,116,661$4,172,925$0$102,820,757
78$144,289,217$4,176,054$0$113,126,474
79$158,799,031$4,172,995$0$124,478,069
80$174,782,304$4,163,243$0$136,982,076
81$192,389,122$4,146,266$0$150,755,891
82$211,784,876$4,121,496$0$165,928,881
83$233,151,816$4,088,332$0$182,643,605
84$256,690,777$4,046,137$0$201,057,158
85$282,623,074$3,994,234$0$221,342,657
86$311,192,584$3,931,909$0$243,690,872
87$342,668,057$3,858,401$0$268,312,028
88$377,345,643$3,772,907$0$295,437,787
89$415,551,694$3,674,575$0$325,323,439
90$457,645,841$3,562,504$0$358,250,309
91$504,024,390$3,435,739$0$394,528,411
92$555,124,059$3,293,272$0$434,499,379
93$611,426,103$3,134,032$0$478,539,688
94$673,460,856$2,956,891$0$527,064,209
95$741,812,737$2,760,652$0$580,530,126
96$817,125,765$2,544,052$0$639,441,250
97$900,109,637$2,305,755$0$704,352,779
98$991,546,431$2,044,348$0$775,876,534
99$1,092,297,985$1,758,339$0$854,686,740
100$1,203,314,033$1,446,151$0$941,526,386